There is another added benefit through a lease. This will be a supporting document to prove that you have additional rental income. This extra income can help you get a credit authorization for your next real estate purchase. However, initial expenses, such as advertising costs, attorneys` fees, stamp fees and brokerage commissions, cannot be controlled. These expenses are necessary to create a source of rental income and are not related to the production of rental income. RM1 for each RM250 annual rent via RM2.400. Stamp duty is free if the annual rent is less than RM2,400. Either the tenant or the landlord can appoint a lawyer to organize the rental agreement. Often, many cases would help the owner owners to prepare the agreement from a prepared model. If you design it yourself, ask your friends and colleagues, I`m sure some of them have understood. The calculation is easier here. In the previous example of RM1,700 per month`s rent, the management fee is RM150.

Therefore, for a lease of one year or less, the total amount to be paid (stamp duty and administrative fees): (RM82 + RM150) = RM232. Understand the formula for calculating stamp fees for rent within Malaysia by reading our article here. You will also find below a rental fee calculator that we calculate for you! With the computer, the calculation of the lease stamp duty is quite simple. Subject to the terms of the rental agreement, the tenant would have the right to recover the rental deposit from the lessor and may be allowed to sue the lessor for breach of contract.